The Federal Pell Grant program is federally funded and assists undergraduate students with exceptional need. All students applying for financial aid on a need basis also apply for a Federal Pell Grant by filing the Free Application for Federal Student Aid (FAFSA). Once the FAFSA is processed, a Student Aid Report (SAR) is sent directly from the federal processor. Items should be reviewed for accuracy and DePauw should be notified of any reporting errors. These changes will be sent electronically to the federal processor by DePauw University.
Federal Pell funds are disbursed as a credit on the student's account after all paperwork is completed but no earlier than 10 days before classes start. After current semester University charges are paid, if additional funds remain, the Cash Receipts Office will issue a check to be used for other educational expenses. Checks are sent to Union Building mailboxes after the first day of each semester.
Questions concerning federal Pell Grants should be directed to financialaid@depauw.edu or telephone 765.658.4030.
The Federal Supplemental Education Opportunity Grant (F-SEOG) program is federal funded to assist students who receive a federal Pell Grant yet still need additional funds for educational expenses. DePauw determines the amount of the awards. F-SEOG awards range from $200 to $4000 depending upon the annual amount of funds DePauw University receives from the U.S. Education Department and the number of Pell eligible students.
Federal SEOG funds are disbursed as a credit on the student's account after all paperwork is completed but no earlier than 10 days before classes start. After current semester University charges are paid, if additional funds remain, the Cash Receipts Office will issue a check to be used for other educational expenses. Checks are sent to Union Building mailboxes after the first day of each semester.
Questions about F-SEOG should be directed to financialaid@depauw.edu.
Low interest (5%) Federal Perkins Loans are available to qualified students who are enrolled at least half-time. DePauw's Financial Aid Office is responsible for determining student eligibility and the amount of the Federal Perkins Loan. Perkins Loans range from $200 to $4000 dependent upon the availability of funds at DePauw. The loan generally will be $2000 or less. If sufficient Perkins funds are not available to meet the need of all applicants, the order of selection will behighest need and then first-come, first-served.
[More about the Perkins Loan Program...]
The F-FELP Loan Program includes the Subsidized and Unsubsidized Federal Stafford Loans and the F-PLUS (parent loan) which are low interest loans available to assist qualified students who are enrolled at least half-time with the cost of education.
[More about the Federal Family Education Loan Program...]
The student employment program was established through the federal work study program to extend part-time employment opportunities to students who are in need of such earnings to meet college expenses. The Financial Aid Office is responsible for awarding work study to students in their financial aid award but also assists students finding a job.
[More about the Federal Work Study Program...]